The primary function of the Nominating/Corporate
Governance Committee (the "Committee") is to assist the
Board of Directors of International Speedway Corporation
(the "Company") in: (a) fulfilling its responsibility
for assuring that the Company is operated in accordance
with prudent and practical corporate governance
standards, (b) achieving its objective that a majority
of its members be independent, qualified persons at the
earliest practicable time and from time to time in
conformity with the requirements of The Nasdaq Stock
Market, Inc. and applicable regulations and (c)
identifying qualified individuals to serve on the Board
of Directors of the Company.

II. Composition

The Committee shall be comprised of at least three
members of the Board, each of whom must meet the
independence criteria set forth in the Company's
Corporate Governance Standards for the Board of
Directors at all times during his or her tenure on the
Committee. The members of the Committee shall be elected
by the Board at the annual meeting of the Board to serve
until the next annual meeting of the Board or until
their successors shall be duly elected and
qualified.Unless a Chair is elected by the Board, the
members of the Committee may designate a Chair by
majority vote of the Committee membership. The Chair
will periodically report the Committee's findings and
conclusions to the Board.

III. Meetings

The Committee shall meet at least two times annually,
or more frequently as circumstances dictate. The
Committee will be assisted by the Company's Senior
Director of Human Resources with respect to its
nominating function and by the Chief Counsel -
Operations with respect to governance matters. The
Company’s Assistant Secretary will serve as executive
secretary of the Committee.

IV. Responsibilities and Duties

To fulfill its responsibilities and duties, the
Committee shall:

Review from time to time and, if appropriate,
recommend changes to the Board to the corporate
governance standards for Board of Directors of the
Company and its committees, including committee
charters.

Review from time to time, and, if appropriate,
make changes to the responsibilities of directors and
the qualifications for new nominees for election to
the Board.

Review from time to time, and, if appropriate,
recommend changes to the compensation package for
directors to be approved by the entire Board of
Directors.

Review from time to time, and, if appropriate,
make changes to the responsibilities of and the
qualifications for the Chairman of the Board.

Annually assess the Board's effectiveness as a
whole as well as the effectiveness of the individual
directors and the Board's various committees,
including a review of the mix of skills, core
competencies and qualifications of members of the
Board, which should reflect expertise in one or more
of the following areas: accounting and finance,
business of motorsports, mergers and acquisitions,
leadership, business and management, strategic
planning, government relations, investor relations,
executive leadership development, and executive
compensation. In order to make these assessments, the
Committee shall solicit annually the opinions of each
director regarding the foregoing matters. Ineffective
directors shall be replaced as promptly as practicable
and inefficient committees of the Board shall be
restructured or eliminated promptly.

If deemed necessary, select and retain an
executive search firm to identify qualified candidates
to serve as members of the Board, considering
effectiveness, responsiveness and other relevant
factors, and approve the fees and other compensation
to be paid to the executive search firm.

Review the performance of the executive search
firm and approve any proposed discharge of the
executive search firm when circumstances warrant.

Select and recommend to the Board, director
nominees for election at each annual meeting of
shareholders, as well as director nominees to fill
vacancies arising between annual meetings of
shareholders.

Perform such additional functions and have such
additional powers as may from time to time be
expressly delegated to the Committee by the Board.

The Committee shall conduct its operations in
accordance with the procedures set forth in the
Company's By-Laws applicable to the operations of the
Board, except to the extent that such procedures are
modified on superseded by the terms of this Charter.
The Committee shall have the authority to adopt such
additional procedures for the conduct of its business
as are not inconsistent with those referred to in the
preceding sentence. The Committee shall have no
authority to delegate its responsibilities to any
subcommittee.